OK Mr Market… that is enough, thanks.
Well… Congrats Mr. Greenspan, you are the most powerful man in the world yet again. His comments sparked such a negative tone, along with a ’so-so’ durable goods report, that he effectively wiped out HUNDREDS of BILLIONS of dollars from the GLOBAL markets. Let me repeat… HUNDREDS of BILLIONS of dollars!
Stocks were not that expensive before, and now they are even better.
Did anyone stop and think what he actually said? I’ll write more about this later.
